How to read the 4H chart
- 20D 20-day · 78 candles · 88% through · bottoming · trend flat
- 10D 10-day · 39 candles · 67% through · down · trend down
- 5D 5-day · 22.3 candles · 117% through · bottoming · trend down
- 2.5D 2.5-day · 12.5 candles · 48% through · overdue · trend flat
- 1.25D 1.25-day · 6.7 candles · 60% through · down · trend up
Cycles in calendar time (L3 p197): 20-day ≈ 78 candles, 10-day ≈ 39 candles, 5-day ≈ 22 candles, 2.5-day ≈ 13 candles, 1.25-day ≈ 7 candles. Periods are measured from the phased troughs (L3 p251).
Phasing, longest wave first (L3 p204-237): markers under the candles show each trough, labelled with the longest wave it belongs to; "?" = a possible trough placed by the nominal model, not yet confirmed by an FLD break.
Status (L3 p174): 20D bottoming · 10D down · 5D bottoming · 2.5D overdue (more than 1.5 periods since its last trough, L5 p482) · 1.25D down.
FLD lines (L2 p104-125): the mean price shifted forward half a period (10D, 5D). The part beyond the last candle is already known. Signals use the price-high/low FLD one candle further (P/2+1, L9 p934).
Buy: price crossed the 20-day FLD at $0.05831. Objective $0.09942 (70.5%), the move before the cross repeated past it (L3 p200-203). Stop $0.03417, one tick past the latest low/high (L2 p126). The longer waves give a trend call of "flat", so the objective should be roughly met (L6 p628). Guide (L7 p681-693): worse.
Up-VTL of the 10-day wave (L2 p83-103): not broken yet.
Down-VTL of the 20-day wave (L2 p83-103): not broken yet.
Next 20-day low (L3 p254): due between 2026-10-23 00:00 and 2026-10-25 19:12 UTC; price nest from the down-objectives of this wave and the shorter ones (L6 p628): $0.03892 to $0.04743.
Cascade (L2 p123): FLDs of two successive waves broke down together, a stronger move.
Pause zone (L10 p1086-1089): the known parts of the 2.5D and 1.25D FLDs lie flat near $0.04824; expect a pause there.
Envelope (L3 p197): grey band around the centred 10-day average. Price now $0.04981.
1D and 1W: not enough history yet to scan (200 1D candles, 104 weekly candles needed for a warmed-up trend filter). The chart is shown, but no patterns are looked for.